Hilltop National Bank Takes $1.20 Million Position in Schwab US Dividend Equity ETF $SCHD

Hilltop National Bank acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 45,150 shares of the company’s stock, valued at approximately $1,196,000.

Several other large investors have also modified their holdings of the company. Lederer & Associates Investment Counsel CA boosted its holdings in shares of Schwab US Dividend Equity ETF by 1.5% in the second quarter. Lederer & Associates Investment Counsel CA now owns 25,162 shares of the company’s stock valued at $667,000 after acquiring an additional 375 shares during the period. Cowa LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 0.3% in the first quarter. Cowa LLC now owns 121,867 shares of the company’s stock valued at $3,407,000 after acquiring an additional 394 shares during the period. Gateway Wealth Partners LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 3.2% in the first quarter. Gateway Wealth Partners LLC now owns 12,883 shares of the company’s stock valued at $360,000 after acquiring an additional 400 shares during the period. Clear Point Advisors Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 1.4% in the first quarter. Clear Point Advisors Inc. now owns 30,008 shares of the company’s stock valued at $839,000 after acquiring an additional 404 shares during the period. Finally, Mirador Capital Partners LP boosted its holdings in shares of Schwab US Dividend Equity ETF by 2.0% in the second quarter. Mirador Capital Partners LP now owns 20,644 shares of the company’s stock valued at $547,000 after acquiring an additional 404 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.7%

SCHD stock opened at $27.34 on Friday. The company has a market capitalization of $71.31 billion, a P/E ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The business has a 50 day simple moving average of $27.33 and a 200-day simple moving average of $26.77.

Schwab US Dividend Equity ETF Profile

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.